There are four different
ways to open the "Close Position" Box:
Open
the "Close an Open Position Box"
1. In the forex trading system "Open Positions
window", left-click directly on the "Close"
price of the highlighted ticket the trader wishes
to close. This will cause the "Close Position"
box to pop-up and allow the trader to close the
position.
2. The trader can also right click on the "Close"
box from the highlighted ticket and select the
"Close Position" command from the pop-up
menu. Once again, the "Close Position"
box will appear allowing the trader to close the
position.
3. The trader can also close out a position by
clicking on the "Close" button at the
top of the trading screen. Again, this will prompt
the "Close Position" box to appear.
4. The same menu will also appear by left clicking
the "Action" option (above the "Quote"
button) at the very top of the screen. From there,
select "Positions" and then "Close
Position.
Close
Position Box
There are two parameters which a trader can set
prior to sending the close to the trading desk:
Ticket
Select the specific ticket number that is to be
closed. The "ticket" option will automatically
default to whichever ticket is highlighted in
the "Open Positions" window. However,
any ticket can be selected by simply scrolling
down the list of numbers and clicking on the correct
number.
Amount
Select the dollar amount to be closed. The "Amount"
option automatically selects all dollars to be
closed out. However, any amount can be selected
by simply scrolling down the list of dollar figures.
At any time during the close position process,
the trader can cancel the order by clicking on
the "Cancel" button. Once the position
is closed it will disappear from the "Open
Positions" window. Click on the "Ok"
button after all the selections have been made
to close the position. Once the order is completed,
the account balance will be adjusted in the "Account
Information" window.
